Boston Beer (SAM) came out with quarterly earnings of $4.25 per share, beating the Zacks Consensus Estimate of $3.78 per share. This compares to earnings of $5.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +12.43%. A quarter ago, it was expected that this brewer would post earnings of $4.37 per share when it actually produced earnings of $5.45, delivering a surprise of +24.71%.Over the last four quarters, the company has ...

The Boston Beer Company (NYSE:SAM) Q3 2025 Earnings Call October 23, 2025 05:00 PM ET Company ParticipantsNik Modi - Managing DirectorJim Koch - Founder, CEO, and ChairmanEric Serotta - Executive DirectorMike Andrews - Associate General Counsel and Corporate SecretaryFilippo Falorni - Director of Equity ResearchBill Kirk - Managing DirectorDiego Reynoso - CFOConference Call ParticipantsPeter Grom - Equity Research AnalystNone - AnalystOperatorGreetings, and welcome to The Boston Beer Company third quarter 2 ...

The Boston Beer Company (NYSE:SAM) Q3 2025 Earnings Call October 23, 2025 05:00 PM ET Company ParticipantsNik Modi - Managing DirectorBill Kirk - Managing DirectorJim Koch - Founder, CEO, and ChairmanEric Serotta - Executive DirectorMike Andrews - Associate General Counsel and Corporate SecretaryFilippo Falorni - Director of Equity ResearchDiego Reynoso - CFOConference Call ParticipantsPeter Grom - Equity Research AnalystNone - AnalystOperatorGreetings, and welcome to The Boston Beer Company third quarter 2 ...

The Boston Beer Company (NYSE:SAM) Q3 2025 Earnings Call October 23, 2025 05:00 PM ET Speaker2Greetings, and welcome to The Boston Beer Company third quarter 2025 earnings call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce to you Mike Andrews, Associat ...

The Boston Beer Company (NYSE:SAM) Q3 2025 Earnings Call October 23, 2025 05:00 PM ET Speaker0Greetings, and welcome to the Boston Beer Company Third Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. And as a reminder, this conference is being recorded. It is now my pleasure to introduce to you Mike Andrews, Associate General Counsel and Corporate Secretary.Thank you, Mr. Andrews. Please go a ...

The updated guidance comes after the brewer logged lower revenue in its latest quarter. ...

Financial Performance - Net revenue for Q3 2025 was $537.5 million, a decrease of 11.2% year-over-year [5]. - Year-to-date revenue of $1.579 billion decreased by 1.9% compared to the same period in 2024 [14]. - Revenue for the thirteen weeks ended September 27, 2025, was $571,476,000, a decrease of 10.9% compared to $642,131,000 for the same period in 2024 [30]. - Net income for Q3 2025 was $46.2 million, an increase of $12.6 million, but a decline of 26.3% when excluding the prior year's non-cash brand impairment charge [5]. - Net income for the thirty-nine weeks ended September 27, 2025, was $131,000,000, representing a 33.1% increase from $98,450,000 in the prior year [30]. - Operating income increased to $62,049,000 for the thirteen weeks ended September 27, 2025, compared to $45,833,000 for the same period in 2024, marking a 35.3% increase [30]. Expenses and Costs - Advertising, promotional, and selling expenses increased by $49.5 million or 12.0% year-to-date, primarily due to increased brand media investments [18]. - Advertising, promotional, and selling expenses rose to $164,739,000 for the thirteen weeks ended September 27, 2025, up from $147,986,000 in the prior year, indicating an 11.3% increase [30]. Margins and Profitability - Gross margin improved to 50.8%, up 450 basis points from 46.3% in the prior year [9]. - Gross profit for the thirteen weeks ended September 27, 2025, was $273,117,000, slightly down from $280,241,000 in the same period last year [30]. Cash and Assets - Cash and cash equivalents increased to $250,454,000 as of September 27, 2025, compared to $211,819,000 at the end of December 2024 [32]. - Total current assets reached $461,786,000 as of September 27, 2025, an increase from $417,291,000 at the end of December 2024 [32]. Liabilities and Shareholder Actions - Total liabilities were $335,617,000 as of September 27, 2025, slightly up from $333,831,000 at the end of December 2024 [32]. - The company repurchased $161 million in shares year-to-date, with approximately $266 million remaining on the share buyback expenditure limit [22]. - The company repurchased $152,423,000 of Class A common stock during the thirty-nine weeks ended September 27, 2025 [34]. Future Outlook - The company expects full-year 2025 depletions and shipments to decline in the mid-single digits, with gross margin guidance raised to 47% to 48% [25]. - The company plans to provide full-year 2026 financial guidance during its fourth quarter earnings call in February 2026 [26]. Taxation - The effective tax rate for Q3 2025 was 28.1%, down from 31.7% in the prior year [13]. Shipments and Depletions - Depletions decreased by 3% and shipments decreased by 13.7% in Q3 2025, with shipment volume at approximately 1.9 million barrels [6].

Limited-Edition, Barrel-Aged Extreme Beer Achieves Samuel Adams’ Founder and Brewer Jim Koch’s Decades-Long Dream to Push the Boundaries of Craft Brewing Samuel Adams Utopias 2025 Samuel Adams releases Utopias 2025, a rare, barrel-aged 30% ABV beer, crafted to showcase the brand’s relentless pursuit of brewing innovation. Boston, MA, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Samuel Adams, one of the pioneers of craft beer, today unveiled Samuel Adams Utopias 2025, the 14th release of the highly anticipated, bar ...

Founder, Brewer and Chairman of the Board Jim Koch to Continue as CEO Phil Hodges has been named Boston Beer Company Chief Operating Officer Phil Hodges has been named Boston Beer Company Chief Operating Officer Phil Savastano has been promoted to Chief Supply Chain Officer Phil Savastano has been promoted to Chief Supply Chain Officer Boston, Oct. 20, 2025 (GLOBE NEWSWIRE) -- The Boston Beer Company (NYSE: SAM) today announced leadership changes effective immediately. Phil Hodges, Chief Supply Chai ...

Core Insights - Starcore International Mines Ltd. has successfully oversubscribed its $5 million private placement, indicating strong investor interest [1][2] - The first tranche of the financing closed on September 26, 2025, raising gross proceeds of approximately $2.66 million through the issuance of over 10.64 million units, which included common shares and warrants [1] - The company is expanding its global reach, with participation from investors across seven different countries [2][3] Financial Details - Tranche 1 of the financing generated gross proceeds of $2,661,788.75 [1] - A total of 10,647,155 units were issued, which included 10,647,155 common shares and 5,323,577 warrants [1] - An additional 183,680 warrants were issued to finders for their efforts in the financing [1] Company Overview - Starcore International Mines focuses on precious metals production, primarily in Mexico, and has exploration and development projects across North America [3] - The company is also involved in a project in Côte d'Ivoire, showcasing its international expansion [3] - Starcore emphasizes Corporate Social Responsibility and aims to make value-driven decisions to enhance long-term shareholder value [3]